Question

what is the meaning of accounting and define Accounting ​

Answer 1

Explanation:

Accounting is the process of recording financial transactions pertaining to a business....The accounting process includes summarizing, analyzing, and reporting these transactions to oversight agencies, regulators, and tax collection entities........

Answer 2

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ᴀᴄᴄᴏᴜɴᴛɪɴɢ ɪs ᴛʜᴇ ᴘʀᴏᴄᴇss ᴏғ ʀᴇᴄᴏʀᴅɪɴɢ ғɪɴᴀɴᴄɪᴀʟ ᴛʀᴀɴsᴀᴄᴛɪᴏɴs ᴘᴇʀᴛᴀɪɴɪɴɢ ᴛᴏ ᴀ ʙᴜsɪɴᴇss. ᴛʜᴇ ᴀᴄᴄᴏᴜɴᴛɪɴɢ ᴘʀᴏᴄᴇss ɪɴᴄʟᴜᴅᴇs sᴜᴍᴍᴀʀɪᴢɪɴɢ, ᴀɴᴀʟʏᴢɪɴɢ ᴀɴᴅ ʀᴇᴘᴏʀᴛɪɴɢ ᴛʜᴇsᴇ ᴛʀᴀɴsᴀᴄᴛɪᴏɴs ᴛᴏ ᴏᴠᴇʀsɪɢʜᴛ ᴀɢᴇɴᴄɪᴇs, ʀᴇɢᴜʟᴀᴛᴏʀs ᴀɴᴅ ᴛᴀx ᴄᴏʟʟᴇᴄᴛɪᴏɴ ᴇɴᴛɪᴛɪᴇs.